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Biotech / Medical : Ligand (LGND) Breakout! -- Ignore unavailable to you. Want to Upgrade?


To: CYBERKEN who wrote (11531)11/20/1997 11:14:00 AM
From: tonyt  Respond to of 32384
 
> Wonder where everybody is?

They must be out at the newstand waiting for the current issue of BusinessWeek :-)

--Tony



To: CYBERKEN who wrote (11531)11/20/1997 11:16:00 AM
From: Henry Niman  Read Replies (1) | Respond to of 32384
 
They are selling more AMLN because even more competition:
By Lauran Neergaard
The Associated Press
B E T H E S D A, Md., Nov. 19 -
Diabetics may soon get a new
medicine that promises to help their
bodies produce insulin only when
they need it, at mealtime.
Scientific advisers to the Food and Drug
Administration recommended Wednesday
that Novo Nordisk's repaglinide be
approved to treat Type II diabetes.
But the doctors cautioned they weren't
sure how to prescribe the drug-and asked
if diabetics really would opt to take a drug
three times a day, 15 minutes before every
meal, when older medicines work with just
one tablet a day.
"You need insulin when you eat,"
responded company scientist Dr. Peter
Damsbo. "No meal, no tablet."
But Novo Nordisk never proved that
taking medicine only with meals actually
improved diabetes care, panel chairman Dr.
Robert Sherwin of Yale University said after
the 8-1 vote.

Not Necessarily Better
"All of us had some mixed emotions" about
backing repaglinide, he said, noting that
scientists don't understand how it works or
even know the best dose. "The drug was
comparable to other drugs already on the
market. Superiority wasn't clearly
demonstrated."
The FDA is not bound by advisory
committee decisions, but typically follows
them. Because repaglinide, to be sold under
the brand name Prandin, is the first in a new
class of diabetes drugs, the government has
promised a quick decision.
About 18 million Americans have
diabetes. Type I diabetes typically strikes
children, who cannot produce insulin and to
survive need lifelong, daily shots of the
hormone, which converts blood sugar into
energy.
The vast majority of diabetics-16
million-have Type II, also known as the
noninsulin-dependent type that usually hits in
adulthood. The body's natural insulin
gradually loses its ability to work, letting
blood sugar rise. Unchecked, that can cause
kidney damage, blindness, heart disease and
other complications.
These Type II diabetics are the ones
repaglinide is supposed to help. They
already can choose other once-a-day pills to
boost insulin production and decrease blood
sugar.

Produces Insulin Quicker
A healthy body quickly produces insulin after
a meal to promptly digest blood sugar. Type
II diabetics take longer to produce that
insulin, and it takes longer for it to work.
Once-a-day pills increase insulin
production daylong-not just when blood
sugar skyrockets after meals, but even when
blood sugar naturally dips low, as in patients
who don't have a snack before going to bed.
The theory is that a drug that worked only at
mealtime might decrease the risk of serious
hypoglycemia-when patients' blood sugar
actually drops so low that they could pass
out, even enter a coma.
In Novo Nordisk's studies, repaglinide
patients had a 60-milligram drop in their
overall blood sugar levels, similar to other
diabetes drugs, said company scientist Dr.
Martin Edwards. Patients had a roughly 2
percent drop in glycosolated hemoglobin, a
measure of how high blood sugar affects
diabetics' hemoglobin over time.

May Benefit Light Eaters
Diabetics who tend to skip meals might
benefit from repaglinide, FDA adviser
Sherwin said.
But "did they really prove it mattered?
Not really," he said. "Most patients would
prefer to be on once-a-day medication."
In safety studies of 1,200 patients, no
one suffered hypoglycemia serious enough to
require medical attention. About 1.5 percent
of patients dropped out the study citing mild
to moderate hypoglycemia, compared with
about 2.5 percent of "control" patients who
quit taking older diabetes medicines for the
same reason.
Repaglinide patients suffered slightly
more cardiovascular side effects-including
five patients who died of heart attacks
compared with just one heart attack death
among control patients taking other diabetes
medicines. But the FDA advisers split on
whether the findings were chance or a
serious risk, and Novo Nordisk wants to
study the question in depth while it sells the
drug.



To: CYBERKEN who wrote (11531)11/20/1997 11:17:00 AM
From: Henry Niman  Read Replies (5) | Respond to of 32384
 
CYBERKEN, I suspect that many are actually waiting on the sidelines because of the SEC delay on the ALRI buyout. LLY's Evista is up for recommendations today.



To: CYBERKEN who wrote (11531)11/20/1997 12:52:00 PM
From: tonyt  Respond to of 32384
 
Another 100 points on the DOW today. We've now re-couped all of last months decline.